International Bank of Azerbaijan’s (IBA) Russia-based daughter company IBA-Moscow is one of the 10 most profitable banks of Russia.
Bank says its profitability is at the level of 5.6% as at the end of the third quarter. Assets make up RUB 20.1 billion, profit RUB 1.42 billion.
The profitability index was -6.6 in 2016.
The bank ranks 8th for this indicator.